Cost of Living in Parkton, MD
Housing
The housing market plays a significant role in determining the cost of living in Parkton, MD.
- Housing Index: Data is updating
- Median Home Price is: $450,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the current housing metrics in Parkton, MD, the absence of a housing index and rental costs might seem concerning. However, the median home price stands at 450000, which indicates the potential for investment or ownership could be worthwhile. It’s essential to evaluate the local job market and quality of life, as these will significantly impact your overall living experience. If you can tolerate a high median home price, you might find that the community offers substantial long-term value when compared to other similar markets.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Parkton, MD.
- Electricity Price: $17.41 USD (median by state)
- Natural Gas Price: $18.44 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Parkton, MD could entail higher utility costs. Electricity costs sit at $17.41, while natural gas is priced at $18.44 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Parkton is a financially viable option for your relocation.